Cryptocurrency Q&A
Is PancakeSwap safe to use now?
Is PancakeSwap safe to use now?
Bianca
Sun Sep 15 2024
|
7 answers
1431
Are there any current concerns regarding the safety and security of PancakeSwap? Have there been any recent breaches or vulnerabilities that have been reported, and what measures has the platform taken to ensure the protection of user funds and personal information? Is there a comprehensive review of PancakeSwap's security protocols that can be referenced for further understanding of its safety? Additionally, how does the community perceive the platform's safety, and what steps can users take to mitigate any potential risks while using PancakeSwap?
7 answers
KDramaLegendaryStarlight
Tue Sep 17 2024
PancakeSwap offers competitive fee structures for perpetual futures trading, with makers paying just 0.02% of the notional value and takers paying 0.07%.
Was this helpful?
225
59
Martina
Tue Sep 17 2024
In addition to its focus on security, PancakeSwap also offers a range of services that cater to the diverse needs of its users.
Was this helpful?
189
52
SumoPride
Tue Sep 17 2024
The platform's commitment to security is evident through its open-source nature and rigorous security audits conducted by renowned firms such as Certik, Peckshield, and SlowMist.
Was this helpful?
184
80
Martina
Tue Sep 17 2024
PancakeSwap's use of multi-signature (multi-sig) technology for all contracts further reinforces its security measures, ensuring that no single entity can authorize a transaction without multiple signatures.
Was this helpful?
228
95
SakuraWhisper
Tue Sep 17 2024
This robust security framework contributes to PancakeSwap's reputation as a reliable and secure platform for perpetual futures trading.
Was this helpful?
69
60
Load 5 more related questions
